Partners Group to acquire a minority stake in Breitling from CVC Capital Partners.

Partners Group, a global private markets firm, agreed to acquire a minority stake in Breitling, a Swiss watchmaker, from CVC Capital Partners, a private equity and investment advisory firm. Financial terms were not disclosed. "We are delighted to welcome Partners Group as an investor, and Alfred Gantner as a Board member. With CVC and Partners Group we have a strong alliance to accomplish our ambitious targets to realize our immense potential to become one of the undisputed leaders in the Swiss Watch Industry," Georges Kern, Breitling CEO.